XRP traded sideways around $1.33 after dropping nearly 8% last week amid weak demand and cautious sentiment. Withdrawals from exchanges rose to 57.6%, indicating holders are moving XRP to private wallets, reducing tokens available for sale. This pattern mirrors April's activity when XRP traded near $1.30, suggesting potential easing of selling pressure. Additionally, 4,300 new wallets were created in 24 hours, and large holders accumulated over 71 million XRP, signaling possible renewed interest and longer-term positioning by big investors.
Bitcoin's price fell from $78,000 to nearly $75,000 despite positive industry news including a US proposal for a strategic Bitcoin reserve and SpaceX's disclosure of owning over 18,000 BTC. The American Reserve Modernization Act could boost Bitcoin p...
The XRP Ledger Foundation is developing XRPL 3.2.0, an update focused on enhancing the network's security and infrastructure stability. This follows the recent activation of version 3.1.3, which included fixes for NFTs, Vaults, and the Lending Protoc...
XRP's futures market shows a sharp increase in open interest, indicating active position-taking and potential short-term bullish momentum. Despite this, the NVT Ratio remains high, signaling that price gains outpace actual network activity, making ra...
XRP has seen a 57% decline in large whale transactions, with the number of transactions over $1 million dropping from 157 to 67 in nine days. This slowdown reflects cautious behavior from major holders amid a bearish crypto market and weakening netwo...
President Trump's recent fintech executive order directs regulators to reassess access rules to Federal Reserve payment systems, which currently limit direct use to federally insured banks. This review is significant for companies like Ripple, which ...
